3075 US-50, Canon City, CO 81212

Building Details

Year Built

1995

Listing agent Nick Desai License #FSBO

Listing office Niraj Desai

Listing date May 12, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Niraj Desai

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Overview

This property presents a value-add opportunity with a 48-unit building situated in the rapidly growing Cañon City corridor. The property, currently operating as an extended-stay hotel (Suburban Studios), is being subdivided onto its own parcel. It is positioned for a change-of-use conversion to senior housing, workforce housing, or standard multifamily apartments. Located adjacent to incoming master-planned developments, the property offers the opportunity to bring density to a supply-constrained market without capital expenditures typically associated with retrofitting older buildings for residential fire code compliance. The building is fully fire-sprinklered. The property size is 22000 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center Accounting Firm Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Canon City

County

Fremont

State

Colorado

Longitude

-105.197708

Latitude

38.447075

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FAQs

What type of property is this?

Apartment building - Value-add opportunity for senior, workforce, or multifamily housing conversion.

Where is this apartment building located?

The property is located at 3075 US-50 Canon City, CO.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Value‑add opportunity for conversion to Senior Housing, Workforce Housing, or Multifamily Apartments.; Fully fire‑sprinklered 48‑unit building, reducing retrofit costs.; Located in the rapidly expanding Cañon City corridor.